Rio Tinto hails another step closer to develop Serbian lithium mine
If developed, the $2.4 billion Jadar lithium project in Western Serbia could cover 90% of Europe's current lithium needs.
Acute coal shortage could adversely impact the fast-growing power sector, which is expected to see a capacity addition of up to 1,00,000 MW during the 2012-17 period, according to industry body CII.